Louis XIII Holdings Limited provided consolidated earnings guidance for the year ending March 31, 2014. Based on the annual budget of the Group for the year ending 31 March 2014, the board of directors of the Company informed the shareholders of the Company and potential investors that the Group expects to record a loss in its consolidated financial statements for the year ending 31 March 2014 as compared to a net profit recorded in 2013. Such loss was mainly caused by the new business segment in hotel under development, which has not yet commenced business and has no revenue but with budgeted expenses.

However, the construction business segment of the Group is expected to record a profit.